The Malta Bankers' Association warned that windfall tax might have "devastating" repercussions on the economy and Malta's financial stability. The association said that it was seriously concerned about calls being made for windfall tax to be levied on the profits of banks, describing the idea as short-sighted.
The largest Australian bank, the Commonwealth Bank of Australia, will shut down its branch in Malta after 15 years. This was confirmed to Newsbook.com.mt by a spokesperson for the bank who also explained that the Australian bank is seeking to transfer its operations to the Netherlands instead.
They used card skimmers to read and copy information from customers' bank cards
It was found helping wealthy Americans evade $1.26 billion in assets from tax authorities
Business are finding it difficult to get funds from Banks according to a survey published by the GRTU Malta Chambers.
A severe shortage of computer skills in South Africa has left its major banks fighting over a limited pool of people with the skills...
New committees for dealing with risk management and financial compliance, will be part of the MFSA’s new operating structure, the financial authority has said....
Maltese are able to open a free app-based current account and hold 24 currencies. Users can spend and transfer anywhere in the world...
12Page 1 of 2